ThankYou Network program

JPMorgan Chase & Co. is planning to launch a new card-rewards program. American Express Co.'s Membership Rewards loyalty program or Citigroup Inc.'s ThankYou Network program served as an example to Chase. 

"With all of the challenges in this environment and changes in the economy, we do see that consumers are spending less than they have in the past," said Eileen Serra, president of Chase Card Services.